European Central-bank

Showing of 61 - 80 from 119 results
European Central-bank - Total results - 119
Rupee up 15 paise against dollar in early trade
India

Rupee up 15 paise against dollar in early trade

The rupee strengthened by 15 paise to 59.18 against the US dollar in early trade on Friday on sustained capital inflows amidst a higher opening in the domestic equity markets.

World stocks slide on US stimulus fears
Economy

World stocks slide on US stimulus fears

Fear that the Federal Reserve will scale back its stimulus as the US economy recovers hit world stock markets for a second straight day on Tuesday, with European equities falling the most since August, while Treasury prices rose modestly.<br /><br />

Fed hints of policy turn: Easy money could end in Dec; taper on table
World

Fed hints of policy turn: Easy money could end in Dec; taper on table

Recent US economic data is looking better and a solid jobs report for November would increase the likelihood that the Federal Reserve would start to scale back bond buying at its meeting next month, a senior Fed official said on Wednesday.

Fed officials to decide on scaling back bond purchases at next few meetings
Economy

Fed officials to decide on scaling back bond purchases at next few meetings

Minutes of the Fed's October 29-30 policy meeting, released on Wednesday, also showed officials discussed how to distinguish between asset buying and forward interest rates guidance, including how to enhance rate guidance once they start to taper bond purchases.

Greece in talks to get more bailout bucks
World

Greece in talks to get more bailout bucks

Greece's finance minister met Monday with representatives of the country's international creditors, part of tough negotiations to resolve a disagreement over 2014 budget cuts and allow the release of further rescue loans.

Not done yet: Here's why the Nifty could bounce again
Investing

Not done yet: Here's why the Nifty could bounce again

Given the that the market is in a bullish trend it could well end the current correction.

Data suggests Europe's recession recovery 'broad-based, self-sustaining'
World

Data suggests Europe's recession recovery 'broad-based, self-sustaining'

Another round of economic data Thursday provided evidence that Europe's recovery from recession is becoming broad-based and self-sustaining.<br /><br />

Low interest rates can cause financial crisis too: Rajan
Business

Low interest rates can cause financial crisis too: Rajan

ajan said low rates could have unintended consequences. He says, for instance, that they could encourage people in their 60s to save instead of spend - because the low returns mean they are unable to reach their retirement savings goal.

Berlusconi's conviction leaves Italian coalition govt hanging
World

Berlusconi's conviction leaves Italian coalition govt hanging

A ruling by Italy's supreme court upholding a tax fraud conviction against former premier and centre-right leader Silvio Berlusconi has left the fate of the country's fragile ruling coalition resting in the balance.

ECB set for rate cut as inflation falls sharply
Economy

ECB set for rate cut as inflation falls sharply

The European Central Bank is expected to cut its main interest rate for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation.

Fitch cuts Italy credit rating on election impasse, rising debt
Economy

Fitch cuts Italy credit rating on election impasse, rising debt

Ratings agency Fitch added to Italy's mounting problems on Friday by cutting its credit rating due to the political uncertainty after last week's election, deep recession and rising debt.

ECB revises 2013 forecast for eurozone; expects economy to contract
Economy

ECB revises 2013 forecast for eurozone; expects economy to contract

The European Central Bank, or ECB, on Thursday revised its 2013 forecast for the eurozone downward, with the area's economy now expected to contract 0.40 percent.

Europe plans 'banking union' to come out of economic turmoil
Economy

Europe plans 'banking union' to come out of economic turmoil

European Commission President Jose Manuel Barroso will outline the proposal in his annual "state of the union" address, which will also set out a path towards deeper economic integration across the eurozone and the wider EU.

'Eurozone situation better than media reports'
Economy

'Eurozone situation better than media reports'

Economic situation in the troubled euro-zone is improving because of significant measures taken up by the member-nations, contrary to the mainstream media perception and market beliefs, European Financial Stability Facility Chief Executive Klaus Regling has said.

Euro is irreversible: Mario Draghi
World

Euro is irreversible: Mario Draghi

The ECB chief last week had promised to take steps to save euro and intervene in the market to push down the borrowing costs for debt-ridden European countries.

ECB holds rates to assess inflation, growth risks
World

ECB holds rates to assess inflation, growth risks

Euro zone inflation held steady at 2.4 percent in July - just above the ECB's target of close to but below 2 percent.

Rupee weakens to 55.4, ECB fails to lift investor spirit
Economy

Rupee weakens to 55.4, ECB fails to lift investor spirit

The Indian rupee was lower in opening trade on Friday, in line with the weak euro.

Italy, Spain winners as EU leaders agree on aid
Economy

Italy, Spain winners as EU leaders agree on aid

After 14 hours of intense discussions to resolve the crisis, the eurozone leaders decided to rescue the banks by injecting aid directly into them from next year and intervene on bond markets to support troubled member states.

Troubled EU summit: Merkel vs everyone else
World

Troubled EU summit: Merkel vs everyone else

Germany's Chancellor Angela Merkel, who has resolutely opposed the issuing of mutual debt, is the woman to watch — or fear, or confront — at the two-day summit.

Central banks brace for Greek elections, ensure liquidity
Business

Central banks brace for Greek elections, ensure liquidity

Central banks of most economies are bracing themselves for the eventful weekend with the Greek elections and polls in Egypt and France. Banks will ensure there is enough liquidity.